M&A Deal Summary

Shield AI Acquires Martin UAV

On July 28, 2021, Shield AI acquired aerospace company Martin UAV

Acquisition Highlights
  • This is Shield AI’s 1st transaction in the Aerospace sector.
  • This is Shield AI’s 2nd transaction in the United States.
  • This is Shield AI’s 1st transaction in Texas.

M&A Deal Summary
Date 2021-07-28
Target Martin UAV
Sector Aerospace
Buyer(s) Shield AI
Deal Type Add-on Acquisition
Advisor(s) Houlihan Lokey (Financial)
Clark Hill (Legal)

Target

Martin UAV

Plano, Texas, United States
Martin UAV is a private, advanced technology company that specializes in building wholly unique, unmanned aircraft systems and associated flight control software. The company's systems are commercially developed to fill critical operational needs in tactical & confined operational environments. Its V-BAT series aircraft is the only single-engine ducted fan VTOL that has the ability to launch & recover from a hover, fly up to 11 hours in horizontal flight. Martin UAV was formed in 2015 and is based in Plano, Texas.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Shield AI

San Diego, California, United States
Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Shield AI is a technology company which develops self-driving car technologies to military aircraft. Shield AI was founded in 2015 and is based in San Diego, California.

DEAL STATS #
Overall 2 of 3
Sector (Aerospace) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-22 Heron Systems

California, Maryland, United States

Heron Systems is a software company for aerospace to decisively defeating an experienced Air Force F-16 pilot 5-0, and five other AI-pilots, during the DARPA AlphaDogfight trials. Heron Systems was founded in 1993 and is based in California, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 Sentient Vision Systems

Port Melbourne, Australia

Sentient Vision Systems is an Australia-based AI-enabled real-time situational awareness, pending customary closing conditions and regulatory approval. Sentient Vision Systems is based in Port Melbourne, Australia.

Buy -
Mergr

Product

Company

Legal